Carl purchased a life insurance policy when he was $44.$ However, on the application, he indicated he was $42.$ When the discrepancy is discovered in a review of insurance company files five years later,

A$)$

the policy will not change because the incontestable period will have passed.

B$)$

the coverage will be reduced because the premium has been lower than it should have been.

C$)$

the coverage will be increased because the premium has been higher than it should have been.

D$)$

the policy will be canceled because of misrepresentation.